Daniel Kahneman Individual Quotations

If individuals are rational, there is no need to protect them against their own choices.

An individual who expresses high confidence probably has a good story, which may or may not be true.

Groups tend to be more extreme than individuals.

Individual investors predictably flock to stocks in companies that are in the news.

When everybody in a group is susceptible to similar biases, groups are inferior to individuals, because groups tend to be more extreme than individuals.